Sri Lanka foreign reserves drop by USD568mn in January
Feb 13, 2017 (LBO) – Sri Lanka’s official reserves dropped 567. buy minocin online https://fromaddictiontorecovery.com/NAV2/_notes/mno/minocin.html no …
Economy & Markets
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IMF worried about elections in Europe, populist candidates
Feb 13, 2017 (LBO) - International Monetary Fund's chief Christine Lagarde says elections in several countries in Europe, in the context of support for …
Yen slips after Trump-Abe meet, Asian shares firm
TOKYO, Feb 13 (Reuters) - The dollar rose against the yen on Monday on relief that U.S. President Donald Trump set aside tough campaign rhetoric over security …
Virtusa third quarter revenue up 3.4-pct
(PRESS RELEASE) - Revenue for the third quarter of fiscal 2017 was $217.2 million, an increase of 3.4% sequentially and 44.2% year-over-year. On a constant …
Fitch affirms Sri Lanka at B+; outlook revised to stable
Feb 09, 2017 (LBO) – Sri Lanka’s Fitch Ratings has affirmed Sri Lanka's Long-Term Foreign- and Local Currency Issuer Default Ratings (IDR) at 'B+' and …
Haycarb records turnover of Rs.9.4Bn and PBT of Rs.768Mn in Q3 2016/17
(PRESS RELEASE) - Haycarb PLC, the Sri Lankan multinational of Hayleys PLC reported revenue of Rs. 9.4 billion and profit before tax of Rs. 768 million for 9 …
Sri Lanka COPE reveals Rs110bn loss from 15 public institutions
Feb 08, 2017 (LBO) – Sri Lanka’s Parliamentary Committee on Public Enterprises today presented its third interim report to the Parliament. The interim …
Sri Lanka’s external situation manageable, but more FDI needed: Governor
Feb 08, 2017 (LBO) - Sri Lanka's external debt situation is manageable. However, the current challenge is to increase inflows from exports and FDI, Central …
Government of Finland keen to invest in Sri Lanka
The Ambassador of Finland to Sri Lanka Rauli Suikkanen says that he would call leading entrepreneurs of his country to commence investment in Sri Lanka. …
Nikkei edges down in choppy trade; glass sector outperforms
TOKYO, Feb 8 (Reuters) - Japan's Nikkei share average edged down in choppy trade on Wednesday morning as stocks tracked the volatile currency market, while the …
Central Bank holds policy interest rates unchanged
Feb 07, 2017 (LBO) - Sri Lanka's Central Bank held key interest rates unchanged on Tuesday with the expectation that inflation will stabilize at mid-single …
Asia stocks, euro slide as economic, political uncertainty hits
SINGAPORE, Feb 7 (Reuters) - Appetite for Asian stocks and the euro evaporated on Tuesday as economic and political fears sent investors seeking shelter in the …
ADB to introduce new partnership strategy with Sri Lanka
Feb 06, 2017 (LBO) – Asian Development Bank is working on a new country partnership strategy with Sri Lanka's government to address dynamic challenges with …
Sri Lanka President urged to probe MPs tax-free car permits
Feb 07, 2017 (LBO) - President Maithripala Sirisena has been requested to conduct, through the Commission to Investigate Bribery or Corruption (CIABOC), a …
Younger generation inheritors of knowledge-based economy: President
Feb 06, 2017 (LBO) - President Maithripala Sirisena has called upon all sections of the society to work with determination and commitment to win economic …
World economy could face transformative developments: economist
Feb 06, 2017 (LBO) - Global economic conditions this year are anything but traditional, and U.S. President Donald Trump’s economic policies are likely to …
Asia shares lag Wall St gains, dollar becalmed
SYDNEY, Feb 6 (Reuters) - Asian shares crept ahead on Monday as Wall Street gathered momentum into a busy week of earnings with more than 100 major companies …
Sri Lanka stock brokers should maintain Rs100mn equity: SEC
Feb 06, 2017 (LBO) - Sri Lanka's stock brokers and debt dealers trading on the Colombo Stock Exchange should have minimum shareholder funds of 100 million …